Ethereum $2,656 Zero-knowledge proofs, one of the favorite areas of co-founder Vitalik Buterin, are a topic that will be talked about a lot in the future. At the beginning of last year, MATIC experienced serious price increases with the good news of the transformation it would experience in this regard. However, we have seen many altcoins take steps in the field of zero-knowledge proofs since then. ZK is one of them.
Why Is ZK Coin Rising?
Following the listing announcement made by the Coinbase exchange a few minutes ago, ZK Coin price increased by more than 7 percent. Considering that the BTC price also advanced to a daily close above $ 64,000, the conditions were quite suitable for such a rise. If BTC increases further, we can see that the listing news provides maximum benefit to the token price in the short term.
Coinbase The announcement reads;
“Coinbase, ZKsync will add support for ZKsync (ZK) on its network. Do not send this asset over other networks, otherwise your funds may be lost.
Trading will commence on or after 9:00 AM PT on September 25, 2024, provided liquidity conditions are met. Trading will be phased in on our ZK-USD trading pair once sufficient supply of this asset is available. Support for ZK may be restricted in some supported jurisdictions.
The ZKsync network contract address for ZKsync (ZK) is: 0x5a7d6b2f92c77fad6ccabd7ee0624e64907eaf3e”
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
